Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$784M |
| 2 |
Apple
AAPL
|
+$427M |
| 3 |
Danaher
DHR
|
+$417M |
| 4 |
Prologis
PLD
|
+$405M |
| 5 |
Amazon
AMZN
|
+$383M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$587M |
| 2 |
Eli Lilly
LLY
|
+$491M |
| 3 |
DRE
Duke Realty Corp.
DRE
|
+$343M |
| 4 |
ABMD
Abiomed Inc
ABMD
|
+$252M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$239M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.94% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 13.92% |
| 4 | Consumer Discretionary | 9.78% |
| 5 | Industrials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
Karyopharm Therapeutics
KPTI
$44.4M
| $4.68M | ﹤0.01% |
91,809
+3,113
| +4% | +$216K |
|
2702
Purple Innovation
PRPL
$39.6M
| $4.67M | ﹤0.01% |
38,968
+1,622
| +4% | +$177K |
|
|
CTLP
2703
DELISTED
Cantaloupe
CTLP
| $4.66M | ﹤0.01% |
1,072,197
+34,840
| +3% | +$124K |
|
2704
Wave Life Sciences
WVE
$1.2B
| $4.66M | ﹤0.01% |
665,364
+80,430
| +14% | +$371K |
|
2705
LendingTree
TREE
$453M
| $4.65M | ﹤0.01% |
218,236
+26,100
| +14% | +$595K |
|
|
TSP
2706
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $4.65M | ﹤0.01% |
2,837,125
+206,197
| +8% | +$735K |
|
|
HLVX
2707
DELISTED
HilleVax
HLVX
| $4.65M | ﹤0.01% |
277,806
+50,217
| +22% | +$907K |
|
2708
ALX Oncology
ALXO
$285M
| $4.65M | ﹤0.01% |
412,309
+18,988
| +5% | +$213K |
|
|
SCPL
2709
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $4.64M | ﹤0.01% |
288,862
-15,767
| -5% | -$229K |
|
|
ILPT
2710
Industrial Logistics Properties Trust
ILPT
$583M
| $4.64M | ﹤0.01% |
1,419,511
+27,054
| +2% | +$113K |
|
2711
Full House Resorts
FLL
$90.5M
| $4.56M | ﹤0.01% |
606,360
+8,549
| +1% | +$59.1K |
|
|
PETQ
2712
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $4.54M | ﹤0.01% |
492,741
+6,098
| +1% | +$56.9K |
|
|
KBAL
2713
DELISTED
Kimball International
KBAL
| $4.51M | ﹤0.01% |
694,166
+3,119
| +0.5% | +$21.3K |
|
2714
NextDecade
NEXT
$1.86B
| $4.5M | ﹤0.01% |
911,646
+89,534
| +11% | +$514K |
|
2715
TaskUs
TASK
$651M
| $4.5M | ﹤0.01% |
266,150
+8,863
| +3% | +$167K |
|
2716
Blend Labs
BLND
$357M
| $4.5M | ﹤0.01% |
3,122,460
+122,930
| +4% | +$220K |
|
|
AMPS
2717
DELISTED
Altus Power
AMPS
| $4.5M | ﹤0.01% |
689,541
+31,638
| +5% | +$258K |
|
2718
Red Violet
RDVT
$926M
| $4.49M | ﹤0.01% |
195,180
+15,068
| +8% | +$307K |
|
2719
Liberty Latin America Class A
LILA
$1.67B
| $4.49M | ﹤0.01% |
878,080
+27,560
| +3% | +$141K |
|
|
WW
2720
DELISTED
WW International
WW
| $4.49M | ﹤0.01% |
1,162,374
+34,597
| +3% | +$139K |
|
2721
NuScale Power
SMR
$3.77B
| $4.48M | ﹤0.01% |
436,729
+18,397
| +4% | +$204K |
|
2722
Janux Therapeutics
JANX
$1B
| $4.47M | ﹤0.01% |
339,797
+5,276
| +2% | +$77.2K |
|
|
BRT
2723
BRT Apartments
BRT
$266M
| $4.47M | ﹤0.01% |
227,851
+20,611
| +10% | +$423K |
|
2724
Sprinklr
CXM
$1.62B
| $4.46M | ﹤0.01% |
545,919
+30,907
| +6% | +$268K |
|
2725
Nuvation Bio
NUVB
$2.32B
| $4.45M | ﹤0.01% |
2,319,034
+45,718
| +2% | +$92.5K |
|
Similar funds
Geode Capital Management's Q4 2022 Portfolio in Review
As of Q4 2022, Geode Capital Management held 5,090 positions worth $713B, up 8.1% from $659B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.9%. Geode Capital Management opened 62 new positions and exited 188, leaving the 5,090-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q4 2022 buy was Ferguson: 1,854,192 shares worth $235M.
- Geode Capital Management added most to Microsoft in Q4 2022, an estimated $784M increase.
- Geode Capital Management's biggest Q4 2022 reduction was Eli Lilly, cutting an estimated $491M.
- Geode Capital Management fully exited Twitter, Inc. in Q4 2022, selling an estimated $587M.
- Geode Capital Management's ten largest holdings make up 20% of its $713B portfolio in Q4 2022.
- Geode Capital Management opened 62 new positions and closed 188 in Q4 2022.
- Geode Capital Management's portfolio value rose 8.1% quarter-over-quarter to $713B.
Based on Geode Capital Management's 13F filing for Q4 2022, filed 13 Feb 2023.